Logistics Viewpoints

JUNE 21, 2023

The factors impacting broader supply chains extend all the way down to the warehouse floor. In fact, pressures are very similar with warehouse labor cost inflation, labor shortages, and inventory shortages at the top of the “concerns” list. One executive simply stated that it’s “an easy variable to address.”

Supply Chain Planning Software 238

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain 238

Unleashed

AUGUST 23, 2023

Warehouse management is the vital link between receiving goods from suppliers and delivering orders to your customers. In warehouse management, warehouse logistics ensures these processes are optimised to cut costs and boost efficiency. In this warehouse logistics guide: What is warehouse logistics?

Warehousing 52

Warehousing Logistics Network Optimization Software Supply Chain Design Software Inventory Management Software 52

Logistics Bureau

AUGUST 7, 2023

Effective inventory management has become increasingly crucial for businesses in this fast-paced and rapidly evolving era of ecommerce. Moreover, the ecommerce explosion has brought new and unique challenges that complicate inventory management for enterprises selling online.

Inventory Management Software 74

Inventory Management Software Inventory Reduction Inventory Management Inventory 74

Unleashed

JUNE 7, 2023

Inventory optimisation is the process that enables efficient inventory management. In this guide, we define inventory optimisation and offer a few actionable tips and strategies for getting it right every time. In this inventory optimisation guide: What is inventory optimisation?

Inventory Management Software 52

Inventory Management Software Forecasting Software Demand Planning Software Supply Chain Planning Software 52

Supply Chain Shaman

SEPTEMBER 5, 2022

Inventory Is an Egregious Symptom of Supply Chains Gone Wrong. Today, inventory fire sales abound. Headline news included Wal-Mart, Target, Kohl’s and Macy’s struggling with inventory bloat and offering deep discounts. Wall Street Journal Headline on Retailers Using Containers to Store Excess Inventories. My take away?

Supply Chain Planning Software 243

Supply Chain Planning Software Supply Chain Planning Supply Chain Software Supply Chain Strategy 243

Logistics Viewpoints

JUNE 13, 2022

But the inventory planning systems that forecast where inventory will be needed are not. No forecast is perfect. The problem with this is that forecasts are based on history. Walgreen is intrigued by functionality that better integrates inventory planning with order fulfillment.

Supply Chain Planning Software 304

Supply Chain Planning Software Forecasting Software Demand Planning Software Puerto Rico 304

GlobalTranz

JUNE 1, 2018

Warehouse managers face constant pressure to move more products, reduce damage, improve order cycle times, boost employee morale, and more. Legacy systems traditionally used for warehouse management are inefficient in the modern era; even systems in the 5- to 10-year age range. Fewer instances of employee theft.

Supply Chain Design Software 184

Supply Chain Design Software Supply Chain Planning Software Optimization Software Forecasting Software 184

ThroughPut

MARCH 27, 2024

Every aspect of operations, be it managing the inventory, forecasting demand or fulfilling orders was dependent on human wisdom and intuition. Real-time visibility was lacking, be it in warehousing or transportation, due to which delivery delays were common. Every decision was based on data generated and analyzed by humans.

Case Study 52

Case Study Waste Reduction Inventory Reduction Price Reduction 52

Ware2Go

OCTOBER 7, 2021

Warehouse vacancy rates are at an all-time low. Learn how to secure top-tier warehouse space and SLA’s without paying peak season premiums or getting locked into a long-term contract. Warehouse capacity is at an all-time low, with vacancy rates as low as 3.6 % on the west coast. Labor is also in high demand.

Warehousing 52

Warehousing Negotiating Skills Purchasing Skills Forecasting 52

SYSPRO Smarter ERP

MAY 4, 2022

Complete halts result in backlogs and delays, which will impact warehouses and more importantly, their inventory management. Inventory takes many forms, ranging from raw materials to finished goods. Inventory exists because a buffer is needed to balance out the uncertainties between demand and supply. Survey findings.

Inventory Management Software 105

Inventory Management Software Inventory Management Inventory Reduction Inventory 105

ShipBob

NOVEMBER 29, 2023

These physically unaccounted-for units of inventory called ghost inventory, or phantom inventory , are a more common challenge faced by retailers than you think. Often, the items accounted for in the asset register do not reconcile with what is in the inventory. What is ghost inventory?

Purchasing Skills 52

Purchasing Skills Inventory Inventory Management Software Forecasting Software 52

ToolsGroup

OCTOBER 12, 2021

Brands like American Eagle Outfitters focused on inventory optimization and flexibility, supply chain transformation, lower SKU counts and fewer shipments per order for improved supply chain performance. So we thought it would be good to examine some key capabilities in fashion supply chain planning and the technologies that support them.

Supply Chain Planning Software 156

Supply Chain Planning Software Supply Chain Planning Supply and Demand Optimal Sourcing 156

ThroughPut

OCTOBER 16, 2022

Inventory Optimization to Unlock Supply Chain Efficiencies with Cost Reduction. A recent survey shows that 40% of the supply chain industry is already optimizing its inventory and networking tools by adopting advanced technologies and this percentage is said to grow in the next five years. DEMAND FORECASTING.

Optimal Sourcing 52

Optimal Sourcing Inventory Reduction Inventory Management Software Inventory Management 52

AB&R

NOVEMBER 20, 2023

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. Opportunities for distributing There are hundreds of boxes, pallets, and products in your warehouse, all of which are important to track.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52

ToolsGroup

JUNE 21, 2016

Inventory planning is especially important to small-to-midsize businesses (SMBs). Nobody wants to tie up more working capital than necessary in inventory, but SMBs typically have leaner resources, and a higher cost of capital means it’s more expensive to fund excess stock. Yet for many SMBs, inventory complexity is getting worse.

Supply Chain Planning Software 189

Supply Chain Planning Software Inventory Reduction Supply Chain Planning Inventory 189

SCMDOJO

AUGUST 4, 2023

Are you tired of dealing with excessive inventory levels that eat up your storage space, tie up your capital, and hinder your company’s growth? If so, then it’s time to consider the numerous benefits of reducing inventory. Inventories are designed to match customer(s) demand. The same applies to inventory reduction.

Inventory Reduction 92

Inventory Reduction Material Savings Cost Reduction Strategies Waste Reduction 92

Logistics Viewpoints

JUNE 9, 2022

But what really gets the supply chain and warehouse managers in a sweat are extremely intense sales days or weeks such as the well-known Black Friday or Cyber Monday. Imagine a warehouse operating around the clock, 360 days a year. The data can be used to make a precise forecast. Balancing the workload – the real challenge.

Logistics Network Optimization Software 228

Logistics Network Optimization Software Analytics Software Optimization Software Forecasting Software 228

Enterra Insights

AUGUST 5, 2022

.”[1] Here’s the rub: “All those excess retail inventories are starting to weigh on warehousing markets. ” To make room for new inventory, many of America’s largest retailers are steeply discounting excess goods this summer. warehouse complexes, things are about to get worse.”[5]

Supply Chain Planning Software 130

Supply Chain Planning Software Forecasting Inventory Reduction Price Reduction 130

ToolsGroup

FEBRUARY 7, 2021

In episode six of Be Ready for Anything, ToolsGroup’s Pre-Sales Manager for Europe, Birger Klinke, talks about what retailers should expect in 2021 and how they can leverage probabilistic forecasting and automation to adjust to a changing marketplace. And digitalization is more than present. Check out the video below. Transcript.

Predictive Analytics Software 295

Predictive Analytics Software Retail Modeling Forecasting 295

ShipBob

JANUARY 28, 2022

Proper inventory management can make or break ecommerce brands: Have too much stock and you’ll rack up storage costs and tie up cash flow. That’s why it’s crucial to track inventory management KPIs consistently. . What are KPIs & why are they important for your inventory management? Inventory KPIs.

Inventory Management Software 98

Inventory Management Software Inventory Management Inventory Reduction Inventory 98

ThroughPut

NOVEMBER 12, 2020

Studies show that worldwide, companies spend an estimated $350 billion a year on warehousing, and this number is only estimated to increase with high dependence on traditional warehouse practices. Warehousing is a vital function of global supply chain management, however often overlooked. Lean warehousing.

Warehousing 52

Warehousing Expense Reduction Inventory Reduction Supply Chain Design Software 52

The Logistics & Supply Chain Management Society

AUGUST 20, 2020

10% increase in both forecast accuracy and revenue. 15% decrease in inventory. With Blue Yonder capabilities, Mahindra & Mahindra Spares Business Unit (M&M SBU) now has greater visibility regarding demand, inventory, supply and distribution plans and are able to make more accurate and timely supply chain decisions.

Supply Chain Planning Software 179

Supply Chain Planning Software Supply Chain Software Forecasting Software Modeling 179

Locus Robotics

MARCH 14, 2024

Out of the 1,200 exhibitors present at MODEX, over 25% of them had to do with robotics or automation or both. The Total Guide to Warehouse Automation : The physical copy of this book was one of the top swag items at our booth. But how does AI really help the warehouse? Take a peek at the slide deck here.

Prescriptive Analytics Software 59

Prescriptive Analytics Software Inventory Management Software Supply Chain Software Analytics Software 59

ToolsGroup

JUNE 14, 2022

Gartner keynote presenter Ken Chadwick says “Just-in-time isn’t dead, it’s just shifted to “just the customer.” According to presenter Ken Chadwick, “CEOs are looking at how we can make our people more productive in the work they’re doing using AI and machine learning tools.” Probabilistic forecasting in the spotlight.

Gartner 156

Gartner Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 156

Unleashed

APRIL 18, 2023

Great inventory management comes down to good systems, good processes, and constant improvement. The last of these can be achieved by tracking the right inventory metrics, analysing the results, and making data-driven optimisations. So, what are the ‘right’ inventory metrics, and how do you calculate them?

Procurement Analytics 52

Procurement Analytics Metrics Inventory Reduction Inventory 52

Vinculum

JUNE 3, 2020

Inventory management plays a vital role in building a sustainable, scalable and profitable eCommerce business. No matter how expert you are, how bigger or smaller your business may be, what products you sell, or who do you serve, lack in your inventory management can bring bigger challenges in your business success.

Inventory Management Software 59

Inventory Management Software Forecasting Software Supply Chain Planning Software Demand Planning Software 59

Logistics Viewpoints

JANUARY 11, 2024

Proprietary warehouse, transportation , and labor management systems bolted onto legacy ERP systems, all “enriched” with off-the-shelf and bespoke software solutions, are a recipe for disaster. The consequences can be serious. Yet, the money was spent, and the technology is now in place. So, what next?

Supply Chain Planning Software 232

Supply Chain Planning Software Supply Chain Network Software Analytics Software Forecasting Software 232

Supply Chain Shaman

OCTOBER 12, 2017

He is a great thinker on inventory planning and demand management.I I get the fact that today’s forecasts are not good enough to drive replenishment, and that rules-based consumption to translate monthly demand to daily demand was a mistake. In my simple mind, I think of this as a forecast… ).

Supply Chain Planning Software 307

Supply Chain Planning Software Forecasting Software Demand Planning Software Supply Chain Software 307

SCMDOJO

FEBRUARY 20, 2023

It involves various activities, such as warehousing, inventory management, transportation, and logistics. This can include examining everything from inventory management and order fulfilment to warehousing, delivery, and customer service.

Inventory Reduction 104

Inventory Reduction Cost Reduction Strategies Resource Reduction Supply Chain Planning Software 104

Unleashed

OCTOBER 16, 2023

Raw material inventory management oversees the procurement, handling, and storage of raw materials. It ensures you maintain optimal raw materials inventory levels, and therefore plays a crucial role in optimising your manufacturing processes. In this guide: What is raw material inventory management?

Inventory Management Software 52

Inventory Management Software Material Savings Inventory Management Inventory Reduction 52

Taulia

JULY 5, 2021

VMI streamlines inventory management and order fulfillment, benefitting both suppliers and buyers. This article elucidates VMI, starting with a concise definition before discussing the difference between VMI and traditional inventory management. What is Vendor Managed Inventory? How does VMI work?

Vendor Strategies 52

Vendor Strategies Inventory Reduction Inventory Optimal Sourcing 52

Supply Chain Shaman

AUGUST 7, 2019

In Figure 1, we show the aggregate trend of the chemical industry in an orbit chart format showing year-over-year results at the intersection of two metrics operating margin and inventory turns. In the period of 2010-2018, within the chemical industry, margins fluctuated, largely driven by the price of crude, but inventory turns plummeted.

Supply Chain Design Software 254

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 254

ThroughPut

APRIL 30, 2024

The platform is designed to enhance inventory management and provide accurate demand planning and forecasting, crucial for optimizing supply chain efficiency. Blue Yonder: Comprehensive Supply Chain Planning Solutions Blue Yonder is an omnichannel planning platform that enables order fulfillment.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Design Software Supply Chain Software Logistics Network Optimization Software 52

Unleashed

NOVEMBER 19, 2023

Demand planning software and inventory optimisation tools can help you better manage your supply chain to bring costs down. By keeping a tab on your inventory requirements – when goods need to be replenished, written off, or relocated – you can better plan how and when you purchase new stock.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Material Savings Inventory Reduction 52

Unleashed

MAY 7, 2023

With the right systems in place, manufacturing inventory management can help to reduce production and ensure all operational processes are carried out effectively and efficiently. In this guide, we cover the types of manufacturing inventory, the costs, and a few handy strategies for managing it effectively.

Manufacturing Procurement 52

Manufacturing Procurement Inventory Reduction Material Savings Inventory 52

ToolsGroup

JUNE 11, 2020

Using the data from the digital twin, SKF’s deployment of ToolsGroup’s Service Optimizer 99+ planning software automatically calculates each item’s external demand forecast and factors in lead times and actual stock levels throughout the supply network. How much inventory do we hold of that item in all our locations?

Gartner 248

Gartner Supply Chain Planning Software Supply Chain Software Optimization Software 248

AB&R

APRIL 12, 2022

The pandemic accelerated the Buy Online Pick Up in Store (BOPIS) model, which accounted for $72 billion in purchases in 2020, having greater inventory accuracy grew ever more important. There are hundreds of boxes, pallets, and products in your warehouse, all of which are important to track. HAVE QUESTIONS? WE’RE HERE FOR YOU.

Manufacturing Procurement 52

Manufacturing Procurement Supply Chain Planning Software Modeling Software Forecasting Software 52